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The governor should have involved the legislature earlier in decision making on how to give the Water and Power Authority money to make a bond payment, lawmakers said.
April 24 -
The state of emergency will let the governor use the central government's rainy-day fund to provide money to WAPA that semi-autonomous agencies of his government owe the authority. WAPA will use the money to make payments to bondholders and other creditors starting Tuesday.
April 22 -
Congress has taken no significant action on bills that would stop the depletion of the United States Virgin Islands' government pension system for 21 months.
April 3 -
Citi's exit comes amid the larger trend of broker-dealers downsizing balance sheets, which can hurt secondary market liquidity, particularly in times of stress. Other market players are coming into the fold.
March 21 -
Governor says the money would be used to get through the slow winter revenue months.
January 11 -
The reserve should have enough to cover bond payments for a year, according to an observer.
December 20 -
Nuveen's marquee fund has seen the worst performance among the largest high-yield funds so far this year.
December 11 -
When set against high-profile public finance projects like American Dream and Legacy Cares, Florida's Brightline marks a rare success for investors.
November 1 -
Loss of aid could hurt the islands' economy, a local senator says.
October 13 -
CEO Andrew Smith says authority is taking steps toward settling its outstanding debt.
September 28